U.S. stocks closed higher on Friday following a new jobs report today that signaled the U.S. labor market is strong, despite the economic downturn and recent layoffs. For the week, the S&P 500 rose 1.44%, the Dow added 1.46%, and the Nasdaq gained 0.98%. Rebecca Walser, President of Walser Wealth Management, joined Cheddar News' Closing Bell to discuss.